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1. Shane's auto-parts orders 20 tires from tough tires inc. The truck delivering the tires to Shanes is in an accident and 10 of the
1. Shane's auto-parts orders 20 tires from tough tires inc. The truck delivering the tires to Shanes is in an accident and 10 of the tires are damaged. Shane's auto-parts A) cannot reject the entire shipment B) must still pay for all 20 tires at their original contract price C) May inspect the tires and accept the shipment with the a deduction in price. D) must reject entire shipment 2. Thelma is an employee at foreign food mart. Thelma is called for jury duty and as a result cannot work her scheduled shift at foreign food mart. foreign food mart fires Belmont. This is a violation of A) A public policy expectation to the employment at all will doctrine. B) A worker privacy expectation to the play mat at all will doctrine C) A whistleblower statute D) no statuses or doctrines 3. Memphis music makers in corporative has the stated purpose to sell musical instruments. If chief executive officer Tabatha contracts with Frenzied firearms in Memphis music makers name to sell a shotgun, she has likely committed A) an ultra views act B) a de factor act C) a de jure act D) a legal act 4. Sally is the secured party in a transaction with Lily, who is the debtor. Sally files a financing statement with the appropriate state official. The financing statement must contain A) Lilly's signature B) sally's bank account information C) Lillys credit report D) A photograph of the collateral 5. Quality care insurance company provides life insurance policies. Quality care applies the concept of ensuring a large number of people with knowledge that only a small portion of them will die in a given year. The large number of premiums provides the funds to pay for the small number of deaths. This concept is Known as A) risk avoidance B) risk point C) risk Reading D) risk transferring 6. Andy obtains and insurance policy that protects him again some risks of lost to the contents of his residence. This is A) homeowners insurance B) title insurance C). Casualty Insurance D) liability insurance 7. Julia has a home valued at hundred and $150,000. She owes $100,000 on her mortgage. Julia can obtain a home equity loan for up to A) $50,000 B) $100,000 C) $150,000 D) $300,000 8. Karen obtain a mortgage loan from first class bank so that she can purchase a new house. The house costs $100,000 Karen makes a down payment of $10,000. First class bank will A) probably require Karen to purchase mortgage insurance B) not require Karen to purchase mortgage insurance C) not charge Karen interest for at least a year because she made a down payment that was 10% of the purchase price D) require Karen to make another 10,000 payment within one year. 9. Rollo deeds a plot of Timberland to scholars university as a gift. The University pays nothing for the property. Role has given the University A) free sample absolute B) A license C) and easement D) The power of eminent domain
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